Labor cost by country: the latest data

* indicates monthly or quarterly data series
Select indicator
* indicates monthly or quarterly data series
The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.



Countries Latest value Reference Change three months Change twelve months
Albania 155.54 Q3 / 2023 0.82% 16.02%
Australia 149.00 Q4 / 2023 0.95% 4.20%
Austria 116.30 Q4 / 2023 1.75% 7.99%
Azerbaijan 305.06 Q4 / 2023 1.52% 11.17%
Belarus 346.61 Dec / 2023 17.07% 18.55%
Belgium 118.20 Q4 / 2023 1.20% 7.26%
Bolivia 384.08 Q3 / 2023 -0.02% -5.74%
Bosnia and Herzegovina 200.40 Dec / 2023 2.77% 9.45%
Bulgaria 147.60 Q4 / 2023 2.50% 11.14%
Canada 142.17 Q4 / 2023 0.31% 5.34%
Chile 156.30 Dec / 2023 1.22% 7.65%
China 204.02 Q4 / 2019 4.29% 3.20%
Croatia 131.70 Q4 / 2023 1.39% 15.22%
Cyprus 118.90 Q4 / 2023 1.19% 5.04%
Czechia 114.90 Q4 / 2023 1.06% 6.49%
Denmark 108.60 Q4 / 2023 -0.09% 2.36%
Estonia 131.90 Q4 / 2023 2.09% 8.56%
Euro area 113.50 Q4 / 2023 1.34% 4.22%
Finland 112.10 Q4 / 2023 1.26% 4.18%
France 109.90 Q4 / 2023 0.83% 3.29%
Georgia 257.03 Q4 / 2023 10.20% 15.27%
Germany 114.20 Q4 / 2023 1.42% 2.79%
Greece 121.40 Q4 / 2023 0.08% 8.01%
Hong Kong 267.20 Q4 / 2023 0.53% 3.77%
Hungary 145.80 Q4 / 2023 3.26% 14.62%
Iceland 144.40 Q1 / 2022 3.81% 6.96%
Ireland 132.30 Q4 / 2023 0.99% 12.69%
Italy 103.40 Q4 / 2023 0.29% 1.87%
Japan 99.60 Dec / 2023 -1.09% -0.60%
Latvia 128.20 Q4 / 2023 2.64% 10.71%
Lithuania 148.00 Q4 / 2023 2.85% 11.19%
Luxembourg 116.60 Q4 / 2023 0.87% 7.37%
North Macedonia 283.38 Dec / 2023 5.52% 16.83%
Malta 109.90 Q4 / 2023 1.85% 4.07%
Mexico 186.44 Dec / 2023 28.07% 10.50%
Moldova 311.64 Q4 / 2023 8.45% 16.14%
Mongolia 168.32 Q4 / 2023 11.25% 27.72%
Montenegro 132.55 Dec / 2023 2.00% 13.11%
Netherlands 116.60 Q4 / 2023 0.52% 5.62%
New Zealand 1370.00 Q4 / 2023 1.03% 4.26%
Norway 118.20 Q4 / 2023 6.01% 8.04%
Poland 140.30 Q4 / 2023 1.52% 12.69%
Portugal 113.50 Q4 / 2023 0.98% 5.19%
Romania 149.50 Q4 / 2023 5.73% 17.16%
Russia 222.43 Dec / 2023 46.38% 17.35%
Rwanda 153.67 Q3 / 2023 -8.11% 15.13%
Samoa 130.87 Q4 / 2023 2.20% 8.97%
Serbia 155.70 Q4 / 2023 2.23% 11.77%
Slovakia 129.60 Q4 / 2023 2.05% 8.09%
Slovenia 131.70 Q4 / 2023 6.55% 10.67%
South Africa 143.60 Q3 / 2023 0.77% 3.68%
South Korea 138.20 Q4 / 2022 -2.47% 6.06%
Spain 110.40 Q4 / 2023 1.38% 6.36%
Sweden 114.10 Q4 / 2023 0.88% 4.58%
Taiwan 117.11 Dec / 2023 0.91% 2.19%
Tajikistan 122.72 Mar / 2019 -6.22% 11.12%
Thailand 115.71 Q4 / 2023 -1.86% 2.74%
Turkey 126.25 Q4 / 2023 -1.06% 2.28%
USA 141.02 Q4 / 2023 1.02% 5.65%
Ukraine 4541.22 Jan / 2022 3.79% 18.16%
United Kingdom 214.15 Dec / 2023 -0.58% 5.64%



The index reflects the level of the total compensation of employees in the economy. The changes in the next to last column show the percent change in the index from three months ago (or the previous quarter if the data are quarterly) and the last column shows the percent change from the same month (or quarter) last year.

This site uses cookies.
Learn more here


OK